TANK STORAGE ASIA - Storage Terminal Operations Conference and Exhibition 2010

This year’s Tank Storage Asia expo & conference has moved from the traditional storage hub of Singapore to the up and coming region of Malaysia.

Singapore may be one of the largest oil refining and trading hubs in the world, with total storage capacity standing at close to 10 million m3 and annual oil trade registering around $300 billions worth, but it has no natural resources and is rapidly running out of space.

Ever increasing land prices are causing companies to look to Malaysia as a supplementary storage centre, and significant new terminal storage capacity is expected to come on line in the next few years, in particular along the Johor coast near Singapore.